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Search Results 0 to 34 of about 35 (some duplicates have been removed)
. the white house calling the homicide attack on the u.s. embassy in turkey a terror. two are dead. military sources telling fox news that all u.s. staff are safe at this time. in mexico city, people are dead after the explosion at a mexican owned state oil company. the cause of the explosion remains unknown. those are your headlines. who got bleeped, you or me? thank you to congress taking the can down the road, massive defense cuts were put off until march 1. with just one month ago, there is little sign of progress. general charles joining us now. welcome, sir. $500 million in defense department spending cuts. they are likely inevitable. your thoughts on the impact. >> first of all, there has already been $487 billion of cuts levied on the deal. the 500 billion that is pending would be devastating. one of the things that i like to remind people of is we are already in sequestration. the department has already started cutting their spending on many other programs. lori: the first tape showed a contraction. as you know, there are a lot of deficit hawks out there that are happy to see cuts a
a month. the u.s. manufacturing sector, some good news there, expanding since april. ism manufacturing index since it is known, the number on the screen, 5.1, any indication above 50, that means that there's expansion. the expectation was for contraction. so it was a very good number there, david. we've got mark sebastion to weigh on all of this. david: we do in the pits of the cme. he tells us why there is tremendous opportunity in europe right now. and jeff cleveland breaking down the hidden numbers in today's jobs report. liz: that is the, at the cme, give us how traders, you guys are the experienced ones, the media make a big deal when we hit the round number of 1,000, but what do the traders think? >> you don't see me covered in confetti right now? i thought you would have seen the party. i actually think we may have seen the most exciting day of month of february today. i look out what's ahead of us and i'm looking for a catalyst to really drive the markets. we had big move today of about 1% in the s&p 500. that's the biggest move we've really seen in couple of weeks. think about
from the new york stock exchange. let's see how your friday session is setting up on the u.s. futures. it looks like we'll have a positive session with the s&p looking at 2 at the open, dow looking at 13. in europe, the eu summit continues. but the action really taking its cues from china this morning. we have green arrows across the board in europe. take a look at asia. strong eco data out of china in focus. much more on that in just a moment. the road map begins at the golden arches. not even the cheddar onion burgers could help mcdonald's. they missed estimates in every region. asia was down a whopping 9.5%. >> exports boomed 25%, inflation cooled, but met expectations, capping off a two-week winning streak for stocks. >> a blowout quarter, users increase continued in momentum. >> the storm could be one for the record books. forecast calling for as much as 2 1/2 feet of snow in some parts of the northeast. already more than 3,700 flights have been canceled. we'll get more from the weather channel on the path of nemo. >>> mcdonald's down 1.9 in january. middle east and africa, europ
are trying to stop drug smugglers from crossing from mexico into the u.s. >> right there, right there. one guy's gotten out. >> reporter: they are also trying to stop the violence of a full-scale drug war from spilling north. >> are there parts of this border that you would be basically lawless or run by the cartels? >> absolutely. >> reporter: smack in the middle of this 21st century version of the wild west, two young americans, david hartley and tiffany young, just teenagers when they fell in love. >> we started dating in '98. the summer of '98, and dated for quite a while before we got engaged in 2001 and married in 2002. >> what took so long? >> we were 18. >> reporter: they wound up here, in the mexican border town of reynosa, jut south of mccallon. he was a district manager for an oil company. >> it was a blessing to us and our marriage. yeah. we were -- that's where we truly grew as a couple and had adventures. >> reporter: when the hartley's first arrive here this peaceful town was a perfect place for the young couple to live, but slowly it became more and more violent. there is a
department cuts, according to this forced budget plan cut. just for some perspective, the u.s. is going to spend $88 billion this year, this year in afghanistan. we're going to have much more on this part of the story coming up later, barbara. thanks very much into here in washington, president obama is doing an end around the national press today. he's taking questions from local tv stations, blaming congress for doing nothing to avoid these forced spending cuts scheduled to take effect in just nine days. so what kind of cuts is the president willing to take? jim acosta confronted the white house press secretary today with that question. jim is joining us now. how did it go? >> reporter: wolf, here we go again. the white house and congress move one day closer to the massive forced spending cuts that go into effect at the end of next week. and even though they both agree it's a problem, they are both busy blaming each other to fix it. the white house sounding the alarm. poor children will be tossed out of classrooms, health services will be slashed, border security will be compromised a
the money as taxable u.s. income. >> a lot of the money is not. it's a lot of times the company chooses u.s. investments and things like that. >> those are just some of the ways companies defer payments indefinitely. five company as kted for more than two thirds of the $225 billion in accumulated foreign earnings last year. top u.s. tax rate is 35% but a review of the last three years of financial records found that some silicon valley companies are paying lower global tax rates. apple reported $40.4 million -- billion in holdings overseas. ebay, $10 billion overseas, google, $24.8 billion reported. yahoo had $3.2 billion overseas. and cisco which reported $41.3 billion overseas had anmk;va effective tax rate of 14%. those that did said they're following the law. economists estimate the federal government loses $90 billion a year enough to fund california public schools and universities more than two years. or cover 206 days of military operations in afghanistan and iraq. this isn't the first time multi national companies have been the target of criticism for sheltering money oversea autos
. thank you. >> sure. >>> cyber attacks against the u.s. an american firm is linking the chinese government to hacking. i'm talk to a man who hacks computers for a living. >>> controversial advice to kids from top law enforcement. what to do if they're confronted by a gunman. there's a training video here. our panel is going to discuss it. stay close. ns, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for p
, back to you. >> thank you very much, simon hobbs. let's see how this is all going to impact the u.s. session here. we have the head of u.s. equity and quantitative strategy with bank of america, merrill lynch. nice to see you. >> nice to see you, too. thank you for having me on. >> we've been able to put europe on the back burner, but right now it might bring back bad memory for investors that this is exactly what derailed us a year ago. >> it's eerily similar. you know, i think, though, that the big surprise for the u.s. equity market is that we might not see a pullback. i feel like everyone's expecting one. and we might not actually see one. for a bunch of reasons. i mean, last year, i think one thing that was a little bit different was that sentiment was not as negative as it was at this point, where we are today. if you look at wall street strategists, equity allocation is still sub 50%. you've still got a lot of strategists with price targets below where the market is today. i feel like a lot of investors have regarded this rally that we've seen so far as, you know, too far, to
those spending cuts from going into effect because gdp wouldn't take a hit. that means growth in the u.s. couldn't take a hit. as far as what else is propelling stocks higher, mergers and acquisitions going on, media, even in the office services area, office depot, office max, possibly talking about a tie-up themselves. that is certainly giving some momentum to stocks and giving investors a little bit of oo mph to buy into the stock. who knows if it will stick. >> alison, thank you. >> sure. >>> thank you for keeping me company here at cnn as i was in for brooke baldwin. i want to take you to "the situation room" with wolf blitzer because he starts right now. and let's take a look at the "closing bell." you heard alison kosik say we're not going to hit the 14,164 today but we there is a lot going on in washington with the sequester and we have to hope that we are going to be seeing these kinds of numbers, wolf. we certainly hope it for a long time. but depending on what -- depending on what washington does, we'll have to see if it sticks. wolf blitzer? >>> thanks very much. happening now
claiming his death proves they were absolutely justified in passing legislation banning u.s. nationals from adopting any more russian children. they did that at the end of last year. partly in response to u.s. legislation, targeting russian human rights abusers. but also because of concerns held for a long time here by russian officials who say they are worried about the way russian orphans are treated in the united states. supporters of the adoption ban claim since the 1990s 19 other russian children have died after being adopted by americans. the russian government says it is very concerned about the welfare of russian orphans and says 60,000 have are been adopted over the last 20 years. the adoption ban is one of the key reasons why relations between the united states and russia are the worst that they have been in a long time. a line of politicians here and officials have responded to the death of this 3-year-old boy by effectively saying, we told you so. phil black, cnn, russia. >>> european scandal over mislabeled meat keeps getting big der. details of the latest recall foods where tr
temperatures across the central u.s., mostly into the teens and 20s. if you were to look at the temperatures in louisiana, they are in the 60s and 70s. a sharp temperature contrast with this area of low pressure moving across the central mississippi valley as we go into this evening and then going through time for friday, into the tennessee valley, ohio river valley. and this is where the storm really starts to ring out. but across the southeast, some of these areas in georgia, south carolina, north central florida could see between 4 and 8 inches of rainfall. we'll keep you updated on that. wolf? >> karen, thanks very, very much. >>> new questions about how one of the most prominent catholic leaders in the united states handled the problem of pedophile priests. i've discovered gold. [ female announcer ] roc® retinol correxion max. the power of roc® retinol is intensified with a serum. it's proven to be 4x better at smoothing lines and deep wrinkles than professional treatments. roc® max for maximum results. and deep wrinkles ththe people of bp made ants. commitment to the gulf., and ever
away from those forced spending cuts that will cut across u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has the power to stop them and they are gone. lawmakers racing down the capitol steps, bolting out of town for a long weekend. this was before noon, a full day before the hammer comes down on forced budget cuts they voted for. is there a concern that you all are going to leave town while these cuts kick in and you won't even be here? >> well, speaker and the leadership will be here and i'm a quick flight away. i go home every weekend to see my family. >> reporter: you're on your way out? are you on your way home? >> yes, ma'am. >> reporter: so you're n
last year and they will be paying out the vast majority of their u.s. free cash flow this year in the form of dividends to the common shareholders and buy backs. look, i think the preferred stock idea is is a really interesting idea. i haven't seen other companies use it, but this may be interesting for a lot of other companies sitting in a lot of ksh and preferred shareholders value dividend much higher than common shareholders, it kind of makes sense. >> why do you think, tavis, that apple sits on so much cash. it is a derivative of a very strong business but they can't be earning much money on that cash. they sit on it. they are not doing a lot of deals. >> look, the bigger issue is u.s. tax policy. 68% of that cash is sitting overseas and to bring that back and give it back to shareholders, requires them not only to pay a tax but also very likely requires tlem to restate their income tax rates in terms of gap accounting which lowers their earnings. so this is not an apple specific issue. it is across the tech industry broadly. and if somebody can can figure out how to unloc
in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops.
be a threat? also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now calling historic. cities like amarillo, texas, wichita, kansas have broken snowfall records. 45 million in 21 states are being affected one way or another. the storm is blamed for at least three deaths. look at this. it's even dangerous after the storm blows away. in kansas city, the heavy wet snow is causing roofs to collapse. nobody was hurt in this building. but the snow is also bringing down tree limbs on to power lines. in kansas city thousands of people are reported without power. george, what's going on? >> reporter: this is par for the course here in the midwest. this is the second time in a week that this r
. ♪ stay in the groove with align. >>> the u.s. government is spending about $3.8 trillion this year but if there's no deal by friday night, agencies will have to cut a fraction of that, about $85 billion clarz. so our big question is that, why would that amount have an impact in the overall economy. tom foreman is analyzing that. have you figured it out, tom? >> when you look at the $3.8 trillion, all these different programs out here, if you've cut out this amount down here, 85 billion, how can can that little slice of all this make a difference? one of the reasons it makes a difference, one of the reasons is because washington is not really looking at the whole budget and they haven't for a long, long time because what you have to consider is that all of the entitlement programs are out of the equation and these programs are bigger than all of the other programs. we aren't really cutting a whole budget. we're talking about putting these cuts in part of the budget. if you look at what has happened to entitlements, look at just defense spending. here's defense spending which is way
he's bringing home 34,000 u.s. troops, 34,000 troops, gone from afghanistan, by this time next year, 2014. that, do the math, cuts the force by a little more than half, so you will have 32,000 u.s. troops still in afghanistan into 2014. stay tuned. because we will hit on this a little later, this major troop withdrawal from afghanistan. i want to talk now about tonight, about the state of the union, about gun control. and, yes, ted nugent. >> if barack obama becomes the president in november, again, i will either be dead or in jail by this time next year. >> that man, ted nugent, says he will come to the speech tonight unarmed, not a bad idea, but here you have prominent gun right supporter, how do i say this, known to be a little excitable? you with me. he'll be right there in that regal house chamber for tonight's state of the union. ted nugent will be the guest of steve stockman, house republican. stockman, from texas, says ted nugent's a patriot. here is more of ted nugent, again, speaking last april. >> our president and attorney general, our vice president, hillary clinton, th
up with u.s. companieses that does business there. mixed economic news here at home m weekly unemployment claims came in higher than expected but the housing market, yeah, that remains a bright spot. existing home sales we found out today, they rose and home prices have been going up. that was good news. stocks were lower but they have bounced back up. >> that's a nice way to end the hour and the day with the markets and good news. a couple bits of good news. thank you so much, alison kosik. that's going to do it for me. "the situation room" with wolf blitzer starts right now. >>> fred, thanks very much. happening now, a brazen shooting leads to a deadly chain reaction crash all within major sites of major casinos in las vegas. >>> the major investigator in the pistorius case has been thrown off the case. >>> and a senator admits that he fathered a child with another one-time senator's daughter. i'm wolf blitzer. you're in "the situation room." >>> all that coming up. we begin with today's new concerted effort to make president obama withdraw the nomination of chuck hagel to
this, terrorists have put together a list of ways to avoid becoming the target of a u.s. drone attack. i'm wolf blitzer. you're in "the situation room." . >>> we begin with yet another sensational turn of events in the oscar pistorius murder case. after a week of shocking and sometimes heartbreaking testimony, pistorius is now out of jail. the one-time olympic athlete who is known worldwide as the blade runner still faces charges of murdering his girlfriend on valentine's day. cnn's robyn curnow is joining us. update our viewers, robin. >> reporter: hi there. thanks for having me. can you believe it, it's only eight days ago that oscar pistorius admitted to shooting his girlfriend on valentine's day. it's been such a roller coaster ride for all of us watching this tragedy, slowly learning about all of these new details and one part of the story which is certainly not over did come to some conclusion today as os star pistorius walked out of court and is spending the night at a family home. take a look at this. a media frenzy on a road at rush hour. cameras trying to see what's behind t
where the u.s. needs their assistance to a certain degree in fighting terror? >> i think until pakistan steps up and says we'll not tolerate people who would kill someone like the little girl malala who was shot point blank in the head who survived but is such a wonderful sweet voice for girls to get educated in pakistan. boy, we shouldn't have to pay pakistan to stand up and for them to eradicate people who would shoot little girls. >> what's the likelihood bottom line, senator, that congress will agree on avoiding these forced budget cuts by march 1st especially given the fact that the senate, for example, is on recess this week? what's going to happen march 1st? >> i think the sequester happens and it will be in some ways a yawn because the histrionics that are coming from the president saying, oh, we're going to shut down and get rid of meat inspectors. is anybody not going to stand up and call his bluff on that ridiculousness? the budgets are not being decreased. we're talking about cutting the rate of growth of budgets. and he has the ability to spend the money in different places
in the u.s. he was archbishop of milwaukee when the cemetery trust fund was established and when the $74 million parish deposit fund was moved. >> archbishop dolan, now cardinal dolan, made a conscious decision to secretly and in a quite sinister way, move funds into parishes and transfer funds into other corporations to avoid having to pay the survivors. >> reporter: ridiculous, says the cardinal. this was his response in february of 2011, when the allegations of sheltering the money first surfaced. >> to think that there was $130 million in hidden funds, like dolan's got some offshore account in the cayman islands or something? this is, this is just ludicrous. >> reporter: cardinal dolan declined an interview with cnn and the attorney representing the cemetery trust fund says the obligation to maintain the cemeteries never ends. no one knows, for sure, how much is enough. an ultimate win for the victims could open up not only the $55 million in the cemetery trust, but future cemetery earnings. a win for the church could provide a blueprint for other diocese going through bankruptcy and
industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> good evening, everyone. 10:00 p.m. here on the east coast and welcome to a special report. killer testimony in the jodi arias trial. joining me tonight is hln's nancy grace. nancy? >> killer testimony is certainly one way to put it. anderson, jodi arias doesn't deny killing her long-time lover, travis alexander. at least, she doesn't anymore. as you know, anderson, at first she denied she was even there on the scene. she talked a lot, anderson. she blamed the murder on two masked intruders, something like ninjas, a man and a woman. but now, anderson, she says she killed travis alexander, all right, but it was in self-defense. and even though she's fighting for her life on the stand, she has been smirking her way throug
guy, but his tempo is still the way it was when he won those u.s. opens. i make him -- with my tempo, i say, just turn around, he'll quit the game if he watches me too closely. anyway, i know we want to get to our newsmaker this morning. carol bartz will be here, perhaps best known for speaking her mind. and this is true. in some colorful tones once in a while. so we'll look forward to talking with her about everything from yahoo! to apple to some of the big issues coming out of washington. and we're going to hear from at&t's ceo randall stephenson. and telecom industry veteran dave doorman, now the nonexecutive chairman of cvs caremark. plus, joining us live this hour, shawn carolyn. he was one of the first investor s for siri. i got up at 2:40 because i thought i had to be here at 4:00. >> because you can't do math and you didn't do the time change correctly. >> exactly. i did shower a little last night after the round. >> thank goodness. >> i made et here. >> and running through the rain to get over here without an umbrella. by the time i left, it was like, i'm not going back. >>
for q 1. also disclosed that u.s. sales picked up last when the tax refund checks started flowing. i think there is light at the end of the tunnel from that comment, particularly when you think about the other tax hurdles that customers are facial and higher gas price. >> what is puzzling, i read the line about the pickup and activity because of the tax refund checks, yes, seeing that pickup in activity in the past week or so but yet they are sticking to the guidance for the current quarter, which is still below wall street consensus estimates. then you add to -- add to that the fact that the past ten ten quarters, nine out of the ten quarters, inventories outpaced sales then a streak of declining flat same store sales numbers and you think back to the walmart when the stock did nothing for ten years r we at that point now, matt? >> i think that's great point about the tax refund activity you why don't we pick up that the rest of the quarter and i think the response to that would be, look, when people were getting those checks in january, they would go out and buy a new tv for the su
hearing was it as informative as the one following the nine u.s. embassies consulate attacks hash tag never mind. there's just no context. nine u.s. embassies in consulate attacked during bush. if you want to go back further into context in an 18-month period when reagan was president, three separate u.s. embassies or barracks were attacked in beirut. over 300 americans were killed. not just the marines but others. >> stephanie: right. >> 18 months. after the third one reagan campaigned in iowa the next day. reporters asked him did you think about not campaigning today. he said no. we need to campaign today. so you know, the double standard throughout history is so glaring and there were no hearings, of course, during the bush years when embassies and consulates were attacked. >> most upset about benghazi are the people who voted for -- for embassy security. >> and -- the republican party -- everyone forgets about this now. that try to block the 9-11 commission investigation. dick cheney was on the phone with daschle, with democrats saying this investigation is not going to happen. >>
the southern part of the u.s. a different story. rain and a lot of rain, i'm telling you, thundering all night long, and dealing with a lot of lightning in some parts. this is i big mess in the south. in some locations, anywhere between 4 and 6 inches of rainfall. this will last all the way through tuesday. a wider view. ridge of high pressure building through parts of u.s. in the central region, where snow came down. temperatures running 10 to 15 degrees below average, sunny in the southwest. see highs for today. 28 in kansas city. 30s in the northeast. speaking of the northeast, you will see snow working into parts like new hampshire and maine and into massachusetts. we could see a foot or more in higher elevations that starts on saturday. >> all right. jennifer delgado, thank you. >>> new developments about the health of hugo chavez. a government spokesman says chavez is being treated for what is called a respiratory insufficiency. he returned to venezuela on tuesday. the type of cancer he is battling has not been revealed. >>> police on the hunt for a gunman that killed three people. it in
Search Results 0 to 34 of about 35 (some duplicates have been removed)